Collaboration. It’s a $1 billion industry, according to an ABI Research study on worker mobility and enterprise social collaboration. And it’s projected to grow to $3.5 billion by 2016.
No wonder lots of ink has been spilled on this business buzzword on everything from how to start (hint: build trust) to doing it better with social platforms, to using it as a way to achieve that holy grail of business: innovation.
Two years ago, the Harvard Business Review even touted the need for another C-suite executive: the CCO. A chief collaboration officer would be charged with integrating the enterprise as companies scramble to innovate from within. Authors Morten T. Hansen and Scott Tapp argued that with a little flexibility, existing execs such as the head of HR or the CIO could take on that task.
But in an ideal scenario, this most critical of business strategies would have a dedicated individual toiling to make collaboration part of the daily doings of the company. The CCO would have their place among the top brass. Despite the highly trained focus on the benefits of collaboration, according to Jacob Morgan, a principal of the social media consultancy Chess Media Group and scourer of collaboration practices, there’s only one CCO in the U.S. And The Motley Fool has him.
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Collaboration. Everyone talks about it, but only a few know how to do it well. Here’s Motley Fool’s chief collaboration officer on best practices for working together better.
By Lydia Dishman
We often coach and mentor clients in the area of organizational change management, making transitions, and facilitating collaboration abilities. If you decide your organization needs one, we’ll even help you develop a job description and hire a Chief Collaboration Officer! We guide and mentor work teams, executives and managers in more effectively implementing transition processes, and in helping employees become more resilient in adjusting to rapid changes in the workplace. We work with on-site and virtual teams. Please do not hesitate to contact us if you would like to discuss your situation and how we can help your organization move forward to a more innovative and profitable future! You can also call us at 1-510-845-5510 in San Francisco / the Silicon Valley. We look forward to talking with you!